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Stock Market & Financial Investment News

News Breaks
March 11, 2014
09:05 EDTLVLT, NOCLevel 3 selected by Northrop Grumman as part of defense contract
Level 3 Communications (LVLT) announced Northrop Grumman (NOC) has selected the company to deliver network services as part of the defense contractor's multi-million dollar agreement with the U.S. Air Force to support their distributed simulation training network. As part of the Distributed Mission Operation Network (DMON), Level 3 has connected more than 50 sites worldwide.
News For LVLT;NOC From The Last 14 Days
Check below for free stories on LVLT;NOC the last two weeks.
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July 23, 2014
12:20 EDTNOCNorthrop Grumman remains cautious on long-term defense spending
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09:03 EDTLVLTLevel 3 awarded services contract by Department of Homeland Security
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07:30 EDTNOCNorthrop Grumman reports Q2 Aerospace Systems sales down 4% to $2.5B
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07:29 EDTNOCNorthrop Grumman reports total backlog at June 30 was $35.6B
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07:05 EDTNOCNorthrop Grumman raises FY14 EPS to $9.15-$9.35 from $8.90-$9.15
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07:03 EDTNOCNorthrop Grumman reports Q2 EPS $2.37, consensus $2.22
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July 22, 2014
15:30 EDTNOCNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include PepsiCo (PEP) , consensus $1.23; Boeing (BA), consensus $2.01; Dow Chemical (DOW), consensus 72c; EMC (EMC), consensus 43c; Simon Property Group (SPG), consensus $2.13; Thermo Fisher (TMO), consensus $1.62; General Dynamics (GD), consensus $1.77; Freeport-McMoRan (FCX), consensus 49c; Delta Air Lines (DAL), consensus $1.04; Northrop Grumman (NOC), consensus $2.22; Whirlpool (WHR), consensus $2.91; B/E Aerospace (BEAV), consensus $1.07; Ryder (R), consensus $1.40; Owens Corning (OC), consensus 46c.
10:01 EDTNOCNorthrop Grumman awarded $12M task order from U.S. Navy
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08:12 EDTLVLTLevel 3 announces planned executive management team
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July 21, 2014
16:18 EDTLVLTNetflix says policy goal is for DOJ/FCC to block Comcast, TWC deal
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July 18, 2014
17:28 EDTNOCNorthrop Grumman awarded $300M government contract
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05:57 EDTLVLTLevel 3 says Verizon 'deliberately' causing Netflix congestion
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July 15, 2014
07:24 EDTLVLTMicrosoft to hold a conference
MSFT Worldwide Partner Conference to be held in Washington, D.C. on July 13-17.
July 11, 2014
18:02 EDTNOCNorthrop Grumman awarded $198.9M government contract
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15:03 EDTNOCNorthrop Grumman names Mark Caylor as Chief Strategy Officer
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July 10, 2014
08:02 EDTLVLTLevel 3 data center services to support Brazil's Fototica
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July 9, 2014
11:16 EDTNOCAeroVironment rallies after better than expected results
Shares of AeroVironment (AVAV), which develops a portfolio of products and services for unmanned aircraft and efficient energy systems, are rallying after the company reported better than expected fourth quarter results. WHAT'S NEW: Last night, AeroVironment reported Q4 EPS of 35c and revenue of $73.5M, compared to analysts' consensus estimates of 22c and $69.62M, respectively. WHAT'S NOTABLE: The company forecast fiscal 2015 revenue of $250M-$270M, compared to consensus of $256.2M, along with gross profit margins of 34.5%-37.5%. The company noted that planned increases in research and development and business development investments for Tactical Missile Systems, Commercial UAS and Global Observer business areas in FY15 may largely offset operating profit in the current fiscal year. PRICE ACTION: In morning trading, AeroVironment soared $4.49, or 14.5%, to $35.45 on nearly five times its average daily trading volume. Including today's advance, the stock is up more than 70% over the past 12 months. OTHERS TO WATCH: Other companies in the unmanned aircraft space include Lockheed Martin (LMT), General Dynamics (GD), and Northrop Grumman (NOC), though all of those are significantly larger than AeroVironment.

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